TPTB scared shitless of cryptocurrencies. “We lose our contr… our ability to have the dollar be the…”
Mr. Sherman is speaking against cryptocurrencies in a very harsh way saying it helps terrorists and criminals and helps fraud, but slipped up when he said “we lose our control” of currencies.
Washington, D.C. — On Wednesday, the Subcommittee on Capital Markets, Securities, and Investment (Committee on Financial Services) held a hearing they called “Examining the Cryptocurrencies and ICO Markets.” During this ostensible “examination,” banker-owned politicians used their time to fabricate and perpetuate outright lies and fear about cryptocurrencies. At one point in the discussion, however, one banker shill accidentally admitted the real reason government doesn’t like cryptocurrencies and the blockchain—it threatens their control over you.
Wednesday’s hearing marked the first time Congress has attempted to tackle the regulatory issues stemming from initial coin offerings (ICOs). Georgetown University law professor Dr. Chris Brummer, Wilson Sonsini Goodrich and Rosati partner Robert Rosenblum, and Coinbase’s chief legal and risk officer Mike Lempres were featured as witnesses to the hearing.
During the two-hour-long hearing, there were many positive points made by well-informed politicians who understand the value in the blockchain and in cryptocurrency. However, one banker-funded shill, Representative Brad Sherman (D – CA) couldn’t have made his bias and ignorance on the matter any clearer.
“Cryptocurrencies are popular with guys who like to sit in their pajamas and tell their wives they are going to be millionaires. They help terrorists and criminals move money around the world. Tax evaders. They help startup companies commit fraud, take money, and one percent of the time they actually create a useful business,” Sherman said, attempting to ridicule and shame the millions of good people who choose to invest in blockchain technologies and cryptocurrencies.
But that was only the beginning. As Sherman continued, he would slip up during his sentence and reveal the real reason him and his cronies in Washington don’t want you to invest in the crypto world.
“It hurts the US government in two ways,” Sherman said. “Our contr….” Sherman slips, about to fully admit that the government is scared of crypto because they cannot “control” you with it.
Although he mostly came right out and said it, Sherman then clarified what he started to say by noting how the US government essentially uses the dollar as a weapon around the world and domestically to force their control.
The dollar, as Sherman correctly states, is used to “impose sanctions” (aka acts of war) and “stop tax cheating” (making sure the government can get every dime possible off the backs of its citizens).
Watch for yourself below as this banker shill makes this bombshell admission.